r2i forum

Hi, I R2I-ed in 2012 and am planning to abandon my GC in 2016 to avoid filing 8854 (since it is less than 8 years since I got GC). I am also planning to withdraw from my rolled over IRA (before 59.5) after I become NRA for US tax purposes. 1) Once I surrender GC, I will have to file W8-BEN with my ...

Hi gotskiz, How was the capital gains calculated? Was the gain completely calculated in USD (applying indexation) and then the final gain in USD converted to INR using the SBI TT buying rate? [QUOTE=gotskiz;528129]Yes you are correct - for U.S stock transactions, indexation benefit is there. The SBI ...

[COLOR=#333333]Hi All, As per my understanding going through the forums (and rule 115), Capital Gains for US stock bought as NRI and sold during ROR can be computed as below: [/COLOR][INDENT][COLOR=#000000][FONT=Calibri]Capital gains will be computed in USD after applying indexation and then gain ...

Hi, I R2I-ed in March 2012 and have a valid GC. I transferred from the US branch of my company to India. My RNOR ends in March 2014. I have few Stock Options that vested when I was in the US. I am planning to sell them now (Nov 2012 - same day sale). Should I pay taxes to the Indian Government? Will ...

I am not able to send either. This is my first post towards that count :-)